Exchange4media:
This is the most important news of the day. STAR TV in India has been spun off into two groups – One is the STAR Group under Peter Mukherjea as the CEO, and the other is Star Entertainment under Sameer Nair as the CEO.
Peter Mukerjea will be responsible for all corporate functions such as legal, finance, government affairs, corporate communications as well as managing STAR’s investments, including Tata Sky, Hathway, Balaji and MCCS. He will also spearhead the development of new business opportunities in India. Mukerjea will continue to report to Michelle Guthrie, Chief Executive Officer of STAR.
Sameer Nair has been promoted to Chief Executive Officer, STAR Entertainment in India, overseeing all day-to-day operations, including programming, marketing, advertising sales and distribution while pursuing growth opportunities in new media including wireless and Internet. He is the biggest gainer in this rejig. Nair will report to Steve Askew, who has has been named President of STAR Entertainment in the Asia pac region. This is in addition to the position of STAR Chief Operating Officer that Askew has been holding since December 2003.
Star India is expected to close this year with $378 million and it’s the third largest pay TV company in Asia Pac.
Also read:
Star divides India in two
STAR, Zee figure in top 10 broadcasters in Asia Pacific
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